Bill > S0708

This bill amends Florida Statutes to require online property listing platforms to include estimated ad valorem taxes (property taxes) when displaying residential real estate listings. The bill defines "listing platform" as any public-facing online real property listing website or application and "property" as residential real property in Florida. Listing platforms must calculate and display estimated taxes based on the property's listing price and current tax rates, using a formula developed annually by the Department of Revenue. The current owner's specific tax information cannot be used to calculate these estimates, though historical tax information may be included less prominently. Platforms must include a disclaimer that the estimates are approximate and do not account for all potential tax exemptions or variations in local tax rates. The bill protects listing platforms and real estate licensees from liability for tax estimate accuracy when following these guidelines. Property appraisers must provide necessary tax rate information to the Department of Revenue, which will publish a standardized formula on its website beginning December 15, 2025. The law will take effect on January 1, 2026, aiming to provide potential homebuyers with more transparent and standardized tax information during their property search.

https://www.flsenate.gov/Session/Bill/2025/708